Artificial Intelligence | News | Insights | AiThority
[bsfp-cryptocurrency style=”widget-18″ align=”marquee” columns=”6″ coins=”selected” coins-count=”6″ coins-selected=”BTC,ETH,XRP,LTC,EOS,ADA,XLM,NEO,LTC,EOS,XEM,DASH,USDT,BNB,QTUM,XVG,ONT,ZEC,STEEM” currency=”USD” title=”Cryptocurrency Widget” show_title=”0″ icon=”” scheme=”light” bs-show-desktop=”1″ bs-show-tablet=”1″ bs-show-phone=”1″ custom-css-class=”” custom-id=”” css=”.vc_custom_1523079266073{margin-bottom: 0px !important;padding-top: 0px !important;padding-bottom: 0px !important;}”]

Stacklet Secures $18 Million in Series a Funding

New investment to help fuel growth of open source Cloud Custodian community and accelerate R&D for its commercial cloud governance platform

Stacklet, developer of the cloud governance platform based on Cloud Custodian, announced it has closed $18 million in Series A funding. The investment was led by Addition with participation from Foundation Capital and new individual investor Liam Randall. The funds are earmarked for continuing the support and growth of the Cloud Custodian community, advancing the Stacklet platform, and hiring in engineering, marketing, sales and customer success.

“Organizations are moving to the cloud faster than we expected due to COVID-19 which has resulted in cloud governance and costs needing to be better addressed and managed”

Stacklet exited stealth in August 2020. The company has developed a real-time cloud asset database, added hundreds of policies to its Policy Packs and signed multiple design partners for its cloud governance platform. Cloud Custodian has been downloaded more than 2 million times since August 2020, is part of the CNCF Sandbox, and has almost 300 active contributors including Amazon, Microsoft and Capital One. The company has added Randall to its leadership team as vice president of business development. Along with investing in early-stage companies, Randall is a long-time security executive and, most recently, was vice president of software innovation at Capital One.

Recommended AI News: Gryphon Investors Completes Majority Investment in Meazure Learning

“We made our seed investment in Stacklet because we believed in Travis and Kapil’s vision and saw the great potential of Cloud Custodian,” said Lee Fixel, founder, Addition. “Stacklet has consistently delivered, innovated and hit its milestones. We’re thrilled to build on our initial investment and continue to support the company on its journey.”

“We are continuing to innovate the way we do cloud and how we manage access, control, governance and costs,” said Hilik Kotler, CISO, FICO. “We like to foster innovation by working with disruptive, early-stage startups and think Stacklet aligns very well to our roadmap.”

“Organizations are moving to the cloud faster than we expected due to COVID-19 which has resulted in cloud governance and costs needing to be better addressed and managed,” said Travis Stanfield, co-founder and CEO, Stacklet. “This has created an exciting opportunity for Stacklet and the Cloud Custodian community. Stacklet is committed to ensuring that Cloud Custodian provides the world’s best cloud governance platform and to continuing its free distribution. We look forward to working with industry partners, and in particular the major cloud providers, to ensure its widespread adoption.”

“Our continued investment in Stacklet reflects our strong confidence in its business model and in Cloud Custodian which we see as an exciting technology with unparalleled opportunities in the enterprise market,” said Sid Trivedi, partner, Foundation Capital. “Cloud Custodian’s ability to improve server utilization and decrease IT costs and administration time make it an extremely attractive offering. We look forward to working with the team at Stacklet to help position it as the must-have technology in the enterprise for organizations moving to the cloud.”

“Working in security with innovative software startups over the past 20 years and seeing a number of deployments of new infrastructure has made me incredibly focused on the solidity of new technologies and their security,” said Randall. “I joined Stacklet because of the tremendous market opportunity they have to become the de facto standard for cloud governance. I look forward to strengthening this position while developing the necessary partnerships to accelerate the adoption of Cloud Custodian to build a strong community for it within the CNCF.”

Recommended AI News: Infutor Property Data Enables Urban Institute’s Research on Disaster-Related Household Mobility

Portable Cloud Governance Platform, Enabling Organizations to Shift Left

Cloud Custodian is trusted to provide unparalleled cloud security and cost optimization by thousands of well-known global brands. Cloud Custodian takes a policy as code approach to governing infrastructure to keep organizations secure and well-managed in the cloud. It has the broadest coverage of cloud services and remediation capabilities and supports multi-cloud real-time governance using the native serverless capabilities of each cloud provider. The Cloud Custodian community is working to “shift left” the open source core. This introduces preventative control by giving developers the ability to evaluate both application and infrastructure code against their organization’s governance standards early in the lifecycle.

Stacklet continues to lead and maintain the Cloud Custodian project, and to engage with users to expand the community and increase contributors. Stacklet simplifies the scale and administration of Cloud Custodian and has developed an out-of-the-box solution with powerful management capabilities, asset visibility, Policy Packs and other advanced features to help businesses realize value.

Recommended AI News: NVIDIA Introduces GeForce RTX 3060, Next Generation of the World’s Most Popular GPU

Related Posts
1 of 40,526
22 Comments
  1. When someone writes an paragraph he/she retains the thought of a user in his/her brain that how a user can be
    aware of it. Therefore that’s why this piece of writing is amazing.

    Thanks!

  2. Hi there, yup this piece of writing is really pleasant and I
    have learned lot of things from it about blogging.
    thanks.

  3. acquista optipress a Napoli says

    Great article.

  4. Hey, I think your website might be having browser compatibility issues.
    When I look at your blog in Ie, it looks fine but when opening in Internet Explorer,
    it has some overlapping. I just wanted to give you a quick heads up!
    Other then that, terrific blog!

  5. Copper scrap machinery says

    Copper recycling network Scrap copper granulation Scrap metal buyers
    Copper cable price, Metal scrap reclamation plant, Copper scrap valuation

  6. I all the time used to read article in news papers but now as
    I am a user of net so from now I am using net for content, thanks to web.

  7. achat de médicaments en Martinique Brocacef Cartagena Bestel medicijnen online in Amersfoort – geen recept
    nodig!

  8. médicaments en pharmacie en ligne Northia Pueblo Nuevo
    Bestel medicijnen online en geniet van discrete levering in Nederland

  9. колесо счастья таро значение в отношениях и любви, колесо фортуны таро чувства мужчины
    молитва при полной луне приснилось что мне делают
    укол в вену, укол во сне исламский сонник
    курить сигареты во сне исламский сонник июнь
    знак зодиака, знаки зодиака даты

  10. Undeniably imagine that that you said. Your favourite justification seemed to be on the internet the easiest thing to consider of.
    I say to you, I certainly get annoyed whilst folks think about issues that they plainly don’t recognise about.
    You managed to hit the nail upon the top as smartly as outlined out the whole thing with no need
    side-effects , other folks can take a signal. Will probably be again to get more.
    Thank you

  11. акеге арнау текст, әкеге арнау тақпақ
    территория тауекель хана, тауекель-хан
    достижения неге түнде айға қарауға болмайды, табигаттан адамды
    болип карауга болмайды балықтың дене
    салмағын өзгертетін мүшесі, балықтардың дене температурасы байланысты

  12. Medikamente problemlos in Belgien kaufen Calox San Francisco farmaci senza effetti collaterali

  13. катым кабыл болсын, ниет кабыл болсын дегенге жауап адамдар темірді
    балқыту үшін нені пайдаланған, темір
    өндірісі айгерим мамырова булбулым текст, сайра
    бұлбұлым скачать изготовление сайлентблоков
    из полиуретана алматы, полиуретановые сайлентблоки отзывы

  14. We’re a bunch of volunteers and opening a brand new scheme in our community.
    Your site provided us with helpful info to work on.
    You’ve done an impressive task and our whole neighborhood will
    likely be thankful to you.

  15. домалақ ана текст, домалақ ана бұлағы табиғат зоналары ұғымына анықтама, суық белдеуде қандай табиғат зоналары
    кездеседі тарихи ауызша деректер, тарихи деректер түрлері ғылыми менеджмент мектептері реферат, әкімшілік басқару мектебі

  16. маған ұнайды былай дейді скачать песню,
    ременіме тиме текст сду тест сұрақтары, сду олимпиада
    2023 білім берудегі цифрлық технологиялар, цифрлық технологиялар түрлері қарапайым паразиттер, паразиттік
    аурулар реферат

  17. Trouvez la meilleure offre pour médicaments en ligne Cassara Fleurus No se requiere receta para
    comprar medicamentos en Bolivia

  18. сиыр түйе қой жалпы атауы, түйе
    атасы аяғы ауыр әйелді ренжіту тіл туралы мақала, туған тіл туралы мақал әке туралы ән алтынай жорабаева, жан әке шертіп сезім домбырасын скачать

  19. мақал сөздің мәйегі мағынасы, сөз мәйегі 4 сынып стиральная машина полуавтомат, стиральная машина полуавтомат маленькая 4 жас құттықтау,
    жаным балам туган кунинмен 4 жас авионик зарплата в
    казахстане, авиаинженер зарплата в казахстане

  20. фитнес оборудование, фитнес дом мойынкум ауа райы
    этикет ережелері тәрбие сағаты, қоғамдық орындарда әдептілік ережелері татуировка атом рпг

  21. Offerte speciali su farmaci a Bruxelles senza prescrizione Nipro Kaindorf
    an der Sulm prix du médicaments sur ordonnance

  22. medicijnen kopen via internet voor snelle verlichting DOC Krommenie medicijnen online bestellen in Groningen

Leave A Reply

Your email address will not be published.